New 2,974-Passenger SuperLiner to Debut from New Orleans Nov. 15

MIAMI, Oct. 25 -- Carnival Cruise Lines today took
delivery of the new 110,000-ton Carnival Conquest, the largest "Fun Ship" ever
constructed, during official ceremonies at the Fincantieri shipyard in
Monfalcone, Italy. Carnival Conquest is the first in a new series of ships
for the line and becomes the 18th vessel in the Carnival Cruise Lines fleet.

"Carnival Conquest is a stunning addition to the 'Fun Ship' fleet and offers
an unprecedented array of amenities and facilities desired by today's
discerning consumers," said Bob Dickinson, Carnival president.

The 2,974-passenger SuperLiner will depart Italy on a 16-day transatlantic
crossing in late October and is scheduled to arrive in its U.S. homeport of
New Orleans the week of Nov. 11. Following an on-board black-tie charity
fundraiser benefiting the United Way for the Greater New Orleans Area Nov. 14,
Carnival Conquest will sail on its maiden voyage, a four-day cruise to Cozumel
departing Nov. 15.

Carnival Conquest will then operate a two-day cruise for travel agents Nov.
19-21 followed by a six-day cruise to Grand Cayman and Cozumel Nov. 21, and a
four-day Thanksgiving weekend cruise Nov. 27. Beginning Dec. 1, Carnival
Conquest will launch regular seven-day service from New Orleans, becoming the
newest and largest ship cruise ship to operate year-round departures from that
port.

Longer than three football fields and towering 207 feet above the water at
its highest point, Carnival Conquest offers an unprecedented 22 lounges and
bars, including a spectacular three-deck-high theater showcasing elaborate
Vegas-style revues, along with a 12,000-square-foot health club and salon,
jogging track, Internet cafe, comprehensive golf program, and a nine-deck-high
glass-topped atrium. Carnival Conquest also features 1,487 staterooms.

Four restaurants, including two full-service dining rooms, a reservations-
only "steakhouse-style" supper club serving U.S.D.A. prime aged beef, along
with crab claws from Miami Beach's world famous Joe's Stone Crab Restaurant,
and a two-level poolside eatery offering 24-hour pizza and self-service ice
cream/frozen yogurt, New York-style deli, and Asian and American specialty
areas, are featured, as well. Other dining options include a patisserie, a
sushi bar and complimentary 24-hour room service.

Carnival Conquest's "family friendly" amenities include a 4,200-square- foot
play area -- the largest in the "Fun Ship" fleet -- featuring an arts and
crafts center, computer lab and children's library, as well as "Action Alley,"
an expansive teen recreation area with a teen dance club/coffee bar and high-
tech game room.

The ship also features striking interiors inspired by the works of famous
Impressionist and post-Impressionist painters -- appropriate for a ship based
in New Orleans, a city possessing a rich European heritage.

In addition to Carnival Conquest, Carnival currently has three other
110,000-ton vessels on order or under construction at Fincantieri -- Carnival
Glory, set to launch year-round seven-day cruises from Port Canaveral, Fla.,
July 19, 2003; Carnival Valor, scheduled to enter service in fall 2004; and an
as-yet-unnamed vessel expected to debut in fall 2005. Also on order is the
88,500-ton Carnival Miracle set to debut in spring 2004.

Celebrating "30 Years of Fun" in 2002, Carnival is the largest and most
popular cruise line in the world with 18 "Fun Ships" operating voyages ranging
from three to 16 days in length to the Bahamas, Caribbean, Mexican Riviera,
Alaska, Hawaii, the Panama Canal, New England, Canada, Bermuda and Europe. The
line currently has four new ships with an estimated value of $1.8 billion
scheduled for delivery between now and 2005.

Carnival Cruise Lines is a member of the exclusive World's Leading Cruise
Lines alliance, which also includes Holland America Line, Cunard Line,
Seabourn Cruise Line, Costa Cruises and Windstar Cruises. Together, these
member lines share a commitment to quality and value, offering cruise
vacations that appeal to a wide range of lifestyles and budgets and sail to
some of the world's most exciting destinations. Carnival is the leader in the
contemporary market of the cruise industry.

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